Amendment establishes a primary point of receipt in the Federal Government for cyber threat information sharing by designating an entity within the Department of Homeland Security as the civilian Federal entity interface to receive cyber threat information from the private sector.

Amendment clarifies that cyber security service providers need only provide information about cyber security incidents if they pose a threat to the government's information and protects individuals' private data from being accessed by the government solely because it is stored by a company that provides information services to a government agency.

Amendment clarifies that companies sharing cyber threat information with other companies cannot treat this sharing relationship as a loophole to sell a consumer's personal information for a marketing purpose.

Amendment as modified, inserts language that would include the Privacy Officer and the Officer for Civil Rights and Civil Liberties of the Department of Homeland Security as key stakeholders in the issuance of a report assessing the privacy and civil liberties impacts caused by the bill.

Amendment adds the Inspector General (IG) of DHS to the omnibus IG reporting requirement; adds the DHS IG to the rest of the group responsible for submitting an annual report to Congress and adds the House Committee on Homeland Security and the Senate Committee on Homeland Security and Governmental Affairs to the list of recipients of the report.

Amendment replaces the term "local" with "political subdivision", which allows the inclusion of "utility districts" that would not otherwise be covered but that were intended to be covered in the bill.

Amendment further defines how classified cyber threat intelligence may be shared and used, and adds an additional provision stipulating that classified threat intelligence may only be used, retained, or further disclosed by a certified entity specifically for cybersecurity purposes.

Amendment corrects reported language concerning a reference in subsection (c)(4) to the procedures created in (c)(7) by clarifying that library records, firearm sales records, medical records and tax returns are not included in any information voluntarily shared with the government under CISPA.